Pattern - page 3
You are missing trading opportunities:
- Free trading apps
- Over 8,000 signals for copying
- Economic news for exploring financial markets
Registration
Log in
You agree to website policy and terms of use
If you do not have an account, please register
Pattern indicators.
Have any update of these pattern identification indicators ?
FivePattern - indicator for MetaTrader 5
Forum on trading, automated trading systems and testing trading strategies
Indicators: FivePattern
Sergey Golubev, 2014.06.25 18:33
Why false breakout? Look at the image (this is Merrill's patterns for downtrend):
and look at GBPUSD M1 chart for now:
So, the pattern on GBPUSD chart is same as M3 Merrill, right? And the evolution of this M3 pattern was on the following way: M8 - M4 - M3. That is why it was false breakout.
Forum on trading, automated trading systems and testing trading strategies
Market Condition Evaluation based on standard indicators in Metatrader 5
Sergey Golubev, 2013.01.31 16:51
Merrill's patterns for uptrend:
and it looks like W10 with evolution as W4 - W5 - W10: